Divisional Controller - Fluid Power Business Unit
Addison, IL 60101
SunSource – Corporate Functions /
Corporate Functions /
On-site
SunSource and its family of companies represent 200+ locations and 3,000+ employees making up one of North America’s leading value-add industrial distribution companies. We provide customers with products and solutions within Fluid Power, Fluid Process, Fluid Conveyance, General Industrial Components, and Industrial Service & Repair. www.sun-source.com
The primary purpose of this position is to develop and implement financial and cash management strategies throughout all functions of the company, as well as ensure compliance with financial requirements and principles. In addition this role will be responsible for the coordination of all Fluid Power audits, financial analysis of acquisition opportunities, and the annual budget process.
Essential Functions
- Audit Compliance - Coordinate all audits of the Fluid Power division, which consists of the annual external audit, sales and use tax audits, and semi-annual bank audits.
- Strategic Direction - Develop and implement financial strategies throughout all functions of the Fluid Power division.
- Tax Compliance - Develop with PWC Tax our tax liability and make estimated payments. In addition, work on tax planning and cost savings strategies.
- Risk Management - Coordinate the annual general insurance contracts with our insurance carriers, as well as be the primary contact on insurance claims.
- Treasury and Cash Management - Develop and monitor treasury activities with our main financial partners (Foothill Capital and Wells Fargo), implement cash management strategies in regard to setting vendor terms, and negotiate leases terms on major capital projects.
- Financial Reporting - Prepare the monthly financial package for the board of directors, as well as the published annual report, including footnotes.
- Financial Analysis - Evaluate potential acquisition candidates by performing due diligence and perform high level analytics on cost and pricing initiatives.
- Budgeting/Forecasting – Coordinate the annual budgeting process and assist in preparing the board of director’s presentation.
Experience, Education and Skills
- 4 Year Degree in Accountancy, Business, or Finance
- MBA and CPA preferred but not required.
- 10+ years in accounting and/or finance role within a corporate organization is required
- Experience working as a divisional or departmental controller is preferred
- Proficient skills in Microsoft Office, including Excel, Word and PowerPoint.
Would you rather see what we have to offer? Check out SunSource Core Competency video www.sun-source.com
We are an Equal Employment Opportunity Employer M/F/V/D. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status. eeopost.pdf (dol.gov). WE PARTICIPATE IN E-E-Verify Participation Poster English and Spanish . If you are an individual with a disability and require an accommodation to complete the application process, please contact recruiting@sunsrce.com to request reasonable accommodation. Only requests for accommodations in the application process will be returned. Sun-Source | Privacy Policy